Online payments rapidly growing: Last year, a total of 133.7 million euros – 18% more than 2017

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Last year, citizens spent 133.7 million euros online, which is an increase of 23.8 million euros (17.8 percent) compared to the previous year, according to the latest data from the National Bank.

Only 64 percent of the value of online transactions realized with credit cards issued in Macedonia were carried out abroad, that is, they were sold to traders outside of Macedonia, while 36% of transactions were realized to online merchants in Macedonia.

During 2018, a total of 5,435,285 online transactions were realized, compared to 4,293,214 online transactions during 2017, which is an increase of 21 percent.

From the aspect of the value of transactions, there was also an increase. In 2018, the value of transactions realized at virtual outlets amounted to 139 million euros (8,554,339,610 denars), compared to 2017 where 113 million euros were realized (6,946,126,105.00 denars), which represents an increase of 18.79 percent.

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